The Council of the EU adopts a final package of measures for the liberalisation of the Community’s internal air transport market

"Liberalization policy and State aid in the air transport sector"* On 1 January 1993, the third and final package of measures for the liberalization of the Community’s internal air transport market entered into force. This package completes the process of gradual market liberalization which started with a limited initiative on inter-regional air services in 1983, followed by two consecutive packages of liberalization measures in 1987 and 1990 as well as rules for the free provision of air cargo services between the Member States of the Community in early 1991. THE THIRD PACKAGE The third package essentially consists of three complementary sets of regulations. First, Council Regulation (EEC) No 2407/92 (OJ No L 240, 24.8.1992, p. 1) establishes common rules on the licensing of air